The Australian Dollar to USD exchange rate is currently at USD 1.47 for both buying and selling, as per the open market rate on 29 August 2024. This rate is subject to fluctuations due to worldwide supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the exchange rate is crucial in order to get the best possible value. Keeping track of the AUD to USD rate can help in making informed decisions when dealing with international transactions.
Here is a snapshot of the current exchange rates for Australian Dollar against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.47 | 1.47 |
| British Pound (GBP) | 0.76 | 0.76 |
| Canadian Dollar (CAD) | 1.35 | 1.35 |
| Chinese Yuan (CNY) | 7.10 | 7.10 |
| Euro (EUR) | 0.90 | 0.90 |
| Japanese Yen (JPY) | 144.94 | 144.94 |
| New Zealand Dollar (NZD) | 1.60 | 1.60 |
| Swiss Franc (CHF) | 0.85 | 0.85 |
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. Keeping an eye on inter-bank currency rates can help individuals and businesses make more cost-effective currency exchanges.
For the most up-to-date exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on currency exchange rates. Staying informed about exchange rates can help in making informed decisions when dealing with international currencies.
